Oman PPP Conversion Factor
PPP conversion factor, GDP PA.NUS.PPP
Oman's ppp conversion factor was 0.20 in 2025, ranked 197th globally. This represents a 4.4% increase from 2024. Data from World Bank, covering 1990–2025.
Overview
Oman's ppp conversion factor stood at 0.20 in 2025, a rise of +0.01 from 2024. Based on recent trends, this figure is projected to reach 0.20 by 2025. Oman ranked 197th globally.
Oman's purchasing power parity (PPP) conversion factor has risen from 0.11 in 1990 to 0.20 in 2025, placing the country at rank 197 globally and aligning it with regional peers such as Kuwait, which records the same 0.20 level. The indicator reached its all‑time peak of 0.21 in 2022, a modest improvement over the low of 0.08 observed in 1998, the trough of the 36‑year series. This upward trajectory reflects gradual structural adjustments, including diversification efforts beyond oil and modest improvements in price level differentials relative to the United States dollar. Compared with Bahrain’s 0.17 conversion factor and Jordan’s 0.30, Oman remains near the lower end of the Gulf Cooperation Council spectrum, suggesting that further reforms in fiscal policy and private‑sector development could accelerate convergence toward higher PPP values. Continued investment in non‑hydrocarbon sectors is likely to sustain the recent gains and potentially lift the conversion factor above the current 0.20 benchmark.
Data & projection
| Year | PPP Conversion Factor | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 0.20 | - | - |
| 2026* trend | 0.20 | - | - |
| 2025* trend | 0.20 | - | - |
| 2025 | 0.20 | +0.01 | #197 |
| 2024 | 0.19 | −0.01 | #2 |
| 2023 | 0.19 | −0.02 | #2 |
| 2022 | 0.21 | +0.02 | #3 |
| 2021 | 0.19 | +0.01 | #3 |
| 2020 | 0.18 | −0.01 | #3 |
| 2019 | 0.20 | −0.00 | #4 |
| 2018 | 0.20 | −0.00 | #4 |
| 2017 | 0.20 | +0.01 | #4 |
| 2016 | 0.20 | −0.00 | #4 |
| 2015 | 0.20 | −0.00 | #4 |
| 2014 | 0.20 | +0.01 | #4 |
| 2013 | 0.19 | +0.00 | #4 |
| 2012 | 0.19 | +0.00 | #4 |
| 2011 | 0.18 | +0.02 | #4 |
Detected Pattern
Analysis
Oman matched the Export Boom Cycle pattern in 2013. Historically, 71% of countries showing this pattern (546 out of 768) saw ppp conversion factor improve within 24 months. View full analysis →
Frequently Asked Questions
Oman's ppp conversion factor was 0.20 in 2025. Ranked 197th globally. This represents a 4.4% increase from the previous year.
Oman's ppp conversion factor peaked at 0.21 in 2022.
The lowest ppp conversion factor in Oman was 0.08 in 1998.
Oman ranks 197th globally in ppp conversion factor as of 2025.
The World Bank indicator code is PA.NUS.PPP. Data sourced from World Bank.
Oman's ppp conversion factor is projected to reach 0.20 by 2025 based on trend extrapolation.
The ppp conversion factor of Oman in 2025 was 0.20. This ranks 197th in the world.
Cite this page
@misc{historysaid_oman_ppp-conversion-factor,
title = {Oman PPP Conversion Factor},
url = {https://historysaid.com/oman/ppp-conversion-factor/},
publisher = {HistorySaid},
year = {2026}
}